Assets · Noncurrent Assets
1360 Net OPEB Asset
Since 2026.10
- What it is
- OPEB plan net position in excess of the total OPEB liability.
- Accounting standard
- GASB 75. Reported in the government-wide ledger and proprietary funds only.
- Examples
- An overfunded retiree health trust.
- Do not use for
- Net OPEB liability (2232).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 40 R11 Net OPEB AssetNET_OPEB_ASSET Review: the LGRS catalog marks this row as calculated; confirm whether the value is entered or derived. |
| Government-wide ledger (980) | Form 40 R11 Net OPEB AssetNET_OPEB_ASSET Review: the LGRS catalog marks this row as calculated; confirm whether the value is entered or derived. |
| Enterprise funds (water example) | Form 38 R23.6 Net OPEB AssetENT_NET_OPEB_ASSET Enterprise or internal service column. |
| Internal service funds | Form 38 R23.6 Net OPEB AssetINT_SERV_NET_OPEB_ASSET Enterprise or internal service column. |
| Fiduciary funds (pension trust example) | Form 39 R15.8 Net OPEB AssetPEN_OTHER_EE_BEN_TRUST_NET_OPEB_ASSETS Column for the trust or custodial fund type. |
Enterprise placement is shown for a water fund; other enterprise funds use the same line on their own form. Check any combination in the FTR finder.